Question
Outline four circumstances under which a producer would not require a lot of warehousing space.
Answer
(i) When dealing with perishable goods.
(ii) When demand is very high.
(iii) If located near the market.
(iv) If he deals with goods that require order / if goods are manufactured on order.
(v) If goods are of high value.
(vi) Where there is middlemen with warehouses.
NB: Answers to begin with when, where and if.
(ii) When demand is very high.
(iii) If located near the market.
(iv) If he deals with goods that require order / if goods are manufactured on order.
(v) If goods are of high value.
(vi) Where there is middlemen with warehouses.
NB: Answers to begin with when, where and if.
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